General Electric Building - 570 Lexington Avenue, New York, NY 10022 Property Information
General Electric Building - 570 Lexington Avenue, New York, NY 10022 Property Information
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Address
| Building name | General Electric Building |
| Primary address | General Electric Building - 570 Lexington Avenue |
| Secondary address | 122-130 E 51st St |
| Neighborhood | Central Midtown |
| Zip code | 10022 |
| Borough | Manhattan |
| Block & lot | 01305-0060 |
Sales & Tax Overview for 570 Lexington Avenue, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $5,665,819 |
Lot & Building Information for 570 Lexington Avenue, New York
| Lot sq. ft. | 16,300 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 458,300 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 50 |
| Year built | 1931 |
| Year last altered | 1996 |
| Construction type | Register |
Area Overview
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.06 Miles |
| Closest fire station | 0.49 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Building Description
The General Electric Building is a class O4 office building located in Central Midtown. It is considered a historic building as it dates back to 1931. It was originally known as the RCA Building and was designed by Cross & Cross. The building has an Art Deco style flourish at the top with a "lightning bolt" design meant to show the power of electricity. The crown of the building is lit from within at night and offers a dramatic splash of light in the night sky. The General Electric Building backs up to the lower Byzantine dome on St Bartholomew's Church.
This commercial office building has 50 units with 453,300 square feet of office space and 5,000 square feet of retail space. The General Electric building is blocks away from the famous Waldorf-Astoria Hotel and St. Bartholomew's Church. The Lexington Ave and 51st St subway station is just 77 feet away. Nearby restaurants include steakhouse Le Relais de Venise and several low cost delis and Starbucks.
Other Property Data for 570 Lexington Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 122-130 E 51st St, New York, NY 10022
- 566-574 Lexington Ave, New York, NY 10022
About 570 Lexington Avenue, New York
This Office Only with or without Commercial - 20 Stories or More (O4) located at General Electric Building - 570 Lexington Avenue, New York, NY 10022 has a total of 458,300 square feet.
What is the year built & the current market value of General Electric Building - 570 Lexington Avenue, New York, NY 10022?General Electric Building - 570 Lexington Avenue, New York, NY 10022 was built in 1931 and has a current tax assessor's market value of $113,509,000.
How many commercial spaces does this building have?This building has 75 commercial spaces available for lease. There are 3 active listings at this address.
Ownership Information for 570 Lexington Avenue, New York
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Spaces for Lease in 570 Lexington Avenue, New York
| Listing type | For Lease |
|---|---|
| Listing date | 06/17/2024 |
| Last updated | 01/23/2025 |
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Available Space | Office | Listing price not available | 4,078 | Michael Adler (212) 519-2046 |
| Listing type | For Lease |
|---|---|
| Listing date | 05/17/2026 |
| Last updated | 05/20/2026 |
A 50-story structure with approximately 425,700 rentable square feet, built in 1930.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Partial 27 Floor | General Office | $60/Sqft/Year | 2,000 | Randy Abend Rachel Rosenfeld |
Past Sales & Property History for 570 Lexington Avenue, New York
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No recorded sales for this property.
Title Documents for 570 Lexington Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 570 Lexington Avenue, New York
Access detailed property tax data for General Electric Building - General Electric Building - 570 Lexington Avenue, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $5,516,823 |
| Estimated property tax: | $5,665,819 |
| Tax assessor's market value: | $113,509,000 |
| Assessed value: | $51,079,050 |
Assessment History for 570 Lexington Avenue, New York
Here's the assessment & property tax history for 570 Lexington Avenue, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $113,509,000 | $51,079,050 | $50,855,670 | 10.848% | $5,516,823 | $5,516,823 | -2.25% |
| 2024/25 | $116,538,000 | $52,442,100 | $52,442,100 | 10.762% | $5,643,819 | $5,643,819 | +1.57% |
| 2023/24 | $116,582,000 | $52,461,900 | $52,461,900 | 10.592% | $5,556,764 | $5,556,764 | +0.21% |
| 2022/23 | $115,747,000 | $52,086,150 | $52,086,150 | 10.646% | $5,545,092 | $5,545,092 | +11.58% |
| 2021/22 | $102,687,000 | $46,209,150 | $46,209,150 | 10.755% | $4,969,794 | $4,969,794 | -25.15% |
Permits for 570 Lexington Avenue, New York
The complete history of permits filed for 570 Lexington Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Manhattan Commercial Market Stats
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Lexington Ave & 51st St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | E-M-6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Lexington Av/E 50 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M103 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.029 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 570 Lexington Avenue, New York
Here are the neighbors for General Electric Building - General Electric Building - 570 Lexington Avenue, New York, NY 10022.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 155 E 52nd St, New York | 66,386 | 02/20/2004 | |
| 155 E 50th St, New York | 159,582 | 04/26/2022 | $99,769,231 |
| 601 Lexington Ave, New York | 1,708,335 | ||
| 150 E 50th St, New York | 119,465 | 08/12/1980 | |
| 150 E 52nd St, New York | 304,640 | 11/01/2017 | $28,050,000 |
| 154 E 53rd St, New York | 38,602 | 04/21/2023 | |
| 830 3rd Ave, New York | 150,638 | 08/29/2022 | $72,000,000 |
| 321 Park Ave, New York | 66,705 | ||
| 125 E 50th St, New York | 138,614 | 04/26/2022 | $63,054,154 |
| 345 Park Ave, New York | 1,712,218 | 11/01/2017 | $28,050,000 |
| 866 3rd Ave, New York | 441,516 | ||
| 151 E 50th St, New York | 47,938 | 06/11/2002 | |
| 850 3rd Ave, New York | 574,675 | 01/08/2019 | $422,000,000 |
| 140 E 52nd St, New York | 26,613 | 06/24/2005 | |
| 145 E 50th St, New York | 147,970 | 06/11/2002 | |
| 560 Lexington Ave, New York | 345,743 | 01/01/2009 | |
| 375 Park Ave, New York | 849,014 | 11/01/2017 | $28,050,000 |
| 135 E 50th St, New York | 70,836 | 12/08/1997 |